This document provides an overview of a presentation on disciplined trading using equity options. It discusses who the presenters are, defines disciplined trading, and provides an example of an iron condor options trade using the S&P 500 index. The key points are that disciplined trading involves predefining risk, cutting losses quickly, and using a systematic money management plan. An example iron condor trade is outlined where options are sold both above and below the current index level to generate income while remaining neutral on market direction.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
2. 1. Who are we?
2. What is Disciplined Trading?
3. A Practice Disciplined Trade
4. Videos for the week
Meetup Agenda
3. This is a presentation prepared for Education purposes only.
Neither Vancouver Disciplined Trading Hub (VDTH) or Prosperis Passive Income
Strategies (PPIS) nor any of its personnel are registered broker-dealers or investment
advisors.
We may mention that we consider certain securities or positions to be good candidates
for the types of strategies we are discussing or illustrating. This does not mean that we
are telling you to trade these exact strategies or securities.
Keep in mind that we are not providing you with any specific recommendations or
personalized advice about your own trading activities. The information we are providing
is not tailored to any particular individual. Any mention of a particular security is not a
recommendation to buy, sell, or hold that or any other security, or a suggestion that it is
suitable for any specific person. Trading ALWAYS involves a risk of loss, even if we are
discussing strategies that are intended to limit risk.
VDTH and PPIS are not subject to trading restrictions. We could have a position in a
security or initiate a position in a security we mention at any time.
Disclaimer
4. Who are We?
SUNDAY 6:00PM CEDAR COTTAGE PUB, VANCOUVER
www.meetup.com/vdthub
www.slideshare.net/vdth
Educating Since Jan 2017
5. Who are We?
Karim Adatia, CPA
Tax Auditor (2008 – 2016)
Full-time Stock Options Trader (2016 - Present)
Financial Educator (2016 - Present)
www.ppis.ca
TRADING INC.
Canada Revenue Agency
6. What is Disciplined Trading?
Trade based on:
1) CONVICTION (based on what is PERCEIVED in any given moment.)
2) CATALYST (A fundamental or technical reason/opinion)
3) COMPLACENCY (Eg. Wait for a bull market to return
Convert a trade to an investing position)
What a Disciplined Retail Trader will Do …
1) PREDEFINE their risk BEFORE taking a trade
2) CUT THEIR LOSSES without hesitation (when the catalyst fails)
3) MANAGE using a SYSTEMATIC and CONSISTENT money management plan
What Most Retail Traders Do…
7. 1. Who are we?
2. What is Disciplined Trading?
3. A Practice Disciplined Trade
4. Videos for the week
Meetup Agenda
8. What are Equity Options?
An option is a contract that to buy or sell
a certain amount of stock.
allows you
RIGHT or OBLIGATION
BUY
SELL
When you buy, you have a RIGHT.
When you sell, you have an OBLIGATION.
What can we do with Option Contracts?
9. Why trade Equity Options?
Leverage = 1 to 100
1 option contract controls 100 shares
Bullish Stock Trader
Apple Inc. (AAPL) costs $100.00/share
100 shares would cost = $10,000.
Apple Inc. share goes to $105.00/share
Stock Trader makes $500 or 5% profit.
Bullish Options Trader
Apple Inc. (AAPL) costs $100.00/share
1 contract costs $5.00, so trader pays $500.
Apple Inc. share goes to $105.00/share
The Option contract goes to $6.80.
Options Trader makes $180 or 36% profit.
10. A Call Option is an option contract that gives the buyer (holder) the right to buy, and gives
the seller (writer) the obligation to sell a 100 shares of a stock at the given strike price on or
before the expiration date of the contract.
A Put Option is an option contract that gives the buyer (holder) the right to sell, and gives the
seller (writer) the obligation to purchase 100 shares of a stock at the given strike price on or
before the expiration date of the contract.
Types of Option contracts
CALL
PUT
(You Choose)
(You Choose) (Market decides)
(You Choose) (You Choose) (You Choose) (Market decides)
11. SELLBUY
(SHORT/WRITE)(LONG)
THE RIGHT TO: THE RIGHT TO:
THE OBLIGATION TO: THE OBLIGATION TO:
Buy Stock Sell Stock
Sell Stock Buy Stock
PUTCALL
WHEN WE DO ALL FOUR – WE ARE NON-DIRECTIONAL!
14. 3250 3380 3510
Write a Put at
this Strike
Price
Write a Call at
this Strike
Price
The Iron Condor Options Strategy on an Index
15. Iron Condor Trade Characteristics
1. Option Writing Write: To Sell an Option
2. Range-bound Confidence Interval: 95%
3. Index-linked Ticker: SPX
4. Out-The-Money No Intrinsic Value, Only Time Value
5. Average Return Goal of 8% in 3 weeks
6. 25-day Timeframe Guaranteed Time Decay
16. The Guarantee with Options – Time will Decay
$$$
Time Remaining Until Expiration Date (Days)
Option
Time
Value
($)
SELL
BUY
BACK
90 60 30 0
17. SPX (S&P 500)
SHORT CALL:
= 3510
3380 35103250
95% CONFIDENCE INTERVAL : Under NORMAL Volatility Conditions
TRADING RANGE: 3250 – 3510
SHORT PUT:
= 3250
LONG PUT as
protection 5
points away
LONG CALL as
protection 5
points away
35153245
20. Our Track Record (> Apr 2018)
www.meetup.com/VDTHub Message Boards
SPX Iron Condor
Track Record
21. Determining Expectancy
Steps for calculation expectancy:
1. Calculate your win and loss ratio
2. Calculate your reward to risk ratio
3. Combine those two ratios into an expectancy ratio
SPX Trade Expectancy
1. Win and loss ratio:
Win ratio = Wins/Total Trades
Loss ratio = Losses/Total Trades
2. Reward to risk ratio:
Avg. Winner / Avg. Loser
3. Expectancy ratio:
(Reward to Risk ratio x Win ratio) – Loss ratio
SPX PRACTICE TRADE
74/84 = 88.10%
10/84 = 11.90%
$572.97/$200.00 = 286.49%
(286.49% x 88.10%) – 11.90%
= +240.48%
Win Ratio:
Loss Ratio:
R2R Ratio:
Exp Ratio:
22. Apply with caution
Disciplined Traders …
1) Predefine their risk before taking a trade
2) Cut their losses without hesitation
3) Use a systematic money management plan
to make consistent profits.
This Strategy…
1) Predefines your risk
2) Has an adjustment plan
3) Can be systematic / automatic with trade alerts
Has positive expectancy (is therefore consistent)
23. Takeaways!!
1) Be Disciplined!
Whether you are trading stocks, options, currency
or futures.
2) You Can Make Money by being Non-Directional!
3) Equity Options give you leverage that stocks can’t!
4) If you are interested in this particular strategy,
(1) Come to VDTH Meetups each week or
(2) Follow the Practice Trades on Discussion Board.
and only then…
24. Full Workshop
Thursday February 20 @ 6PM
SFU HARBOUR CENTRE (DOWNTOWN)
515, W. Georgia Street, Vancouver, BC V6B 5K3
Register at : WWW.PPIS.CA
Workshop (3 hours)
+ Workbook
+ 1-1 Coaching (1 hour)
+ Weekly support via VDTHub Meetup &
Methodology in Detail
Adjustment / Stops
Entry Criteria & Risk management
Taking Advantage of Volatility
35. NON-
DIRECTIONAL
TRADES
Stocks and Equity Options
3-month Program
US$799
DIRECTIONAL
TRADES
FOR VIDEO ABOUT MMT PROGRAM: www.youtube.com/watch?v=hzhJBdGNwyo
$200 off for VDTH Meetup Members (Contact us for details)
FB PAGE: www.facebook.com/MasterMindTraders.official/
www.mastermindtraders.com/freevideos
36. OUTCOMES WHEN TRADING OPTIONS
If you believe a stock will go UP:
BUY A CALL
• You are betting the price of the stock will go UP
• The person you sell the call to is betting the price will go DOWN or
STAY THE SAME
When you buy a call, you can win 1 out of 3 ways
When you sell a call, you can win 2 out of 3 ways
YOU WIN
1
NEUTRAL
2
YOU LOSE
3
YOU LOSE
37. OUTCOMES WHEN TRADING OPTIONS
If you believe a stock will go UP:
SELL A PUT
• You are betting the price of the stock will go UP or STAY THE SAME
• The person you sell the put to is betting the price will go DOWN
When you sell a put, you can win 2 out of 3 ways
When you buy a put, you can win 1 out of 3 ways
YOU WIN
1
NEUTRAL
2
YOU WIN
3
YOU LOSE
… Maybe
38. OUTCOMES WHEN TRADING OPTIONS
If you believe a stock will go DOWN:
BUY A PUT
• You are betting the price of the stock will go DOWN
• The person you sell the put to is betting the price will go UP or
STAY THE SAME
When you buy a put, you can win 1 out of 3 ways
When you sell a put, you can win 2 out of 3 ways
YOU WIN
1 3
YOU LOSE
NEUTRAL
2
YOU LOSE
39. OUTCOMES WHEN TRADING OPTIONS
If you believe a stock will go DOWN:
SELL A CALL
• You are betting the price of the stock will go DOWN or STAY THE SAME
• The person you sell the put to is betting the price will go UP
When you sell a call, you can win 2 out of 3 ways
When you buy a call, you can win 1 out of 3 ways
NEUTRAL
2
YOU WINYOU WIN
1 3
YOU LOSE
… Maybe
40. VIX During the 2008 Financial Crisis
Takeaway: When VIX is > 18, Don’t Trade This Strategy!